In most cases, all non-resident Indians require comprehensive global banking solutions, including seamless inward and outward remittance of money, easy access to all accounts, and wealth creation. Thus, Standard Chartered Bank is at your disposal to provide world-class wealth, banking, and protection solutions for all NRIs.
Let’s check out some valuable insights into the most prominent features of tailored wealth solutions for NRIs.
Standard Chartered Bank Providing Tailored Wealth Solutions for Non-Resident Indians
ET SpotlightStandard Chartered Bank has extensively ruled over 30 markets across Africa, Asia, and the Middle East. Some of the most simplified global banking solutions offered by Standard Chartered Bank are:
- Wealth Management Solutions
The bank prioritises the importance of a single-window service for all NRI banking needs. The comprehensive solutions have been uniquely designed to deliver seamless services. Thus, you can efficiently manage all your investments on the go with
online mutual funds
and Standard Chartered Invest.
And for term deposits, you can always take advantage of the competitive interest rates provided by the bank. Thus, it ensures that your money is never sitting idle. Besides, you can also enjoy a tax-free and entirely repatriable return of foreign currency non-resident deposit.
- Seamless access to all the global international banking centres
The NRE account of Standard Chartered Bank provides an extremely powerful dual advantage. On the one hand, you can easily access all the international banking sectors. In fact, you can also freely access your funds while you are in India and convert the same into foreign currencies. On the other hand, you can also repatriate it whenever you wish to.
ET Spotlight- Remarkable rates of interest on term deposits
For an
NRI deposit
, you can always enjoy earning some excellent tax-free returns. Besides, the applied rates of interest also help you earn completely repatriable interest and principal. This account is specifically designed according to the investment requirements of non-resident Indians. It has top-notch facilities, including lower minimum deposit, tenure flexibility, and auto-renewal facility. All these add to the convenience of seamlessly investing money in India.
Standard Chartered Bank enables all its NRI clients to enjoy both inward and outward
remittance
services. And this typically ranges to and from their Standard Chartered Bank accounts. The remittance solution of this bank enables you to acquire all the competitive deals at any point of the day.
Some of the benefits associated with their remittance service are:
- You stand a chance to obtain preferential and personalised rates for all your remittances to India.
- You also have the opportunity to remit online from particular geographical locations at super-fast speed.
ET SpotlightWith Standard Chartered Bank, you can transfer up to US $25,000 to your loved ones abroad. Remember that this is the maximum transfer limit for online remittance transactions. Please note that you will find this option for transferring in online banking. However, it’s also available in the mobile application of Standard Chartered Bank under the ‘International Transfers’ section.
- The highly dedicated and proficient relationship management team
As a potential client of Standard Chartered Bank, you stand a chance of qualifying as a Priority Banking client. Thus, your priority status extends worldwide, enabling you to enjoy global privileges seamlessly.
In fact, there is a dedicated NRI team at Standard Chartered Bank. They are well known for providing a comprehensive range of solutions and services to all of their potential clients.
ET SpotlightYou must take the best advantage of Standard Chartered Bank’s suite of
wealth management
solutions. All of their banking services are tailored to meet all the financial requirements of Non-Resident Indians. So, as a non-resident Indian, you can always stay connected to your home even while residing abroad.
